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Murray News

Multi to make Oppo cell phones in Brazil

Chinese company is in fifth place in cell phone brands 05/09/2024 The Multi Group, formerly known as Multilaser, announced on Wednesday (8) an exclusive partnership for the manufacture and distribution of smartphones from China’s Oppo in Brazil. Sales of the devices will be made exclusively by retailer Magalu. Since 2022, Oppo has been importing its […]

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9 de May de 2024/by Gelcy Bueno
Murray News

Brazil floods kill 107 as losses top R$6bn

State government estimates that 600,000 MSEs were affected by rains and flooding 05/09/2024 A boat navigates through a flooded street after heavy rain in Canoas, Rio Grande do Sul — Foto: Carlos Macedo/AP The death toll due to the rains in Rio Grande do Sul has risen to 107, with 136 people missing and one […]

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9 de May de 2024/by Gelcy Bueno
Murray News

Brazil slows rate cuts amid division within Monetary Policy Committee

Policy interest rate was cut by 25 bp; decision was made by 5 to 4 in the collegiate meeting 09/05/2024 Central Bank’s building in Brasília — Foto: Beto Nociti/BCB In a decision that divided its members, the Central Bank’s Monetary Policy Committee (COPOM) on Wednesday reduced the policy interest rate, known as Selic, to 10.50% […]

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9 de May de 2024/by Gelcy Bueno
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